Over the last few years, the world economy has gone through a severe period of economic downturn, the worst since the end of WWII. Although the crisis has been widely covered on the media, less common knowledge is the fact that the crisis has engendered responses in the economic systems, in the...

The disequilibrium adjustment frameworks, pioneered by Carlino & Mills (1987) and further extended by Boarnet (1994a), have been widely adopted by various regional and intra-regional studies, 1) determining whether jobs follow people or people follow jobs or the both; 2) examining the...

We identify the causal effect of a reduction in military personnel on a number of socioeconomic indicators within the periphery of the military base. The base realignments and closures (BRACs) within the German armed forces is an exogenous source of variation that allows for the estimation of...

The global economic crisis of 2008 has affected all European countries; Greece of course could not be the exception to this "rule". First, the fact that Greece was unable to mitigate its public expenditures and to increase its revenues in comparison with the other European countries and other...